Question-and-Answer Session
Operator
(Operator Instructions). We’ll go first to Steve Brozak with WBB Securities.
Stephen Brozak – WBB Securities
Good morning, gents. Can you, because I think what’s at the top of everyone’s mind is, can you describe what your top three projects are and can you give an idea of what the commercial ramifications would be of those projects to Emisphere so that we can get an idea of what we’re looking at as far as the potential and the routes that you would take. Obviously everyone is looking for the commercial stage.
Michael V. Novinski
Thanks, Steve. I appreciate the question. I think that the answer to that is, the top three priority projects are divided into short and long term. They’re not necessarily one, two, three. I think they’re all one, one, and one. As I mentioned on the outset, I think the objective of the organization has to be to get the technology to the commercial level as rapidly as possible. That would put a lot of effort behind what we think can be through the B12 project.
Secondly, you have to look at the organization on a more immediate to longer-term basis, and of course that would be the focus on successfully enrolling and completing the trials that are ongoing in osteoporosis and osteoarthritis. I mean, surely those two are going to be an enormous part of Emisphere in the future.
And thirdly, I think the work that’s going on with GLP-1 and PYY is going to indicate where we’re going to be in this particular area for the treatment of diabetes that’s long term.
So I think right now those are the three most critical areas going on for the organization from a project standpoint and what the commercial impact is.
The diabetology area, as well as the OA and osteoporosis, of course, are longer term, but we have to then look shorter term and we have to look at that objective that we talked about of the commercial viability of the technology and getting it there. So that’s right in line with our priorities.
Does that answer your question?
Stephen Brozak – WBB Securities
Yeah, it does. I’ll jump back in the cue after this follow up. In terms of timetables that you would be looking at, how would you on a rough Gantt chart show the timetable that you would be comfortable with? No one’s ever going to hold you to it, but just what are you thinking?
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